Baidu Wave Analysis – 19 August 2026Baidu, Inc. Sponsored ADR Class ABATS:BIDUFxPro– Baidu broke round support level 100.00 – Likely to fall to support level 85.00 Baidu fell with the sharp downward gap breaking the round support level 100.00 – which stopped the previous sharp impulse wave 1 in June. The breakout of the support level 100.00 accelerated the active impulse wave 3 – which then broke the weekly own channel from January. Given the strong daily downtrend, Baidu can be expected to fall further to the next support level 85.00, target for the completion of the active impulse wave 3.